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St Joseph, MO         Mon, Jan 15, 2018      USDA Market News
Estimated Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES      HOGS       SHEEP
Monday 01/15/2018     (est)    118,000    2,000     393,000     9,000
Week ago (est)                 118,000    2,000     463,000     9,000
Year ago (act)                  70,000    2,000     318,000     6,000
Previous Day Estimated            Steer and Heifer    Cow and Bull
                      Friday           92,000            24,000
                      Saturday         10,000            13,000

INDEX
                     01/12  01/11  01/10  01/09  01/08  01/05  01/04  01/03
CATFAX FED 6 STATE  119.99 121.12 121.13 121.16 121.42 121.84 122.91 122.90
CATFAX FED 3 STATE  119.95 121.26 121.27 121.28 121.40 121.87 122.94 122.94
CME FEEDER            NA   146.80 148.81 151.57 152.42 153.92 155.20 155.60
CME LEAN HOG        *71.15  69.80  68.46  67.28  66.37  65.65  64.22  63.63
3 Area LEAN HOG      68.75  67.58  66.21  64.72  63.59  63.44  61.82  61.00

*DTN projected Lean Hog Index, only an estimate that may vary one or two cents
from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52 % lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, Oklahoma

PORK

Des Moines, IA        Mon, Jan 15, 2018      USDA Market News

01/15 AM CARCASS CUTOUT - $ 80.74   CHANGE  +0.93  TOTAL LD COUNT  125.93

01/15 PM CARCASS CUTOUT - $ 81.09   CHANGE  +1.28  TOTAL LD COUNT  276.46
 
CARLOT PORK - OPEN 01/15           CARLOT PORK - CLOSE 01/15
LOADS - CUTS  108.39  TRIM 17.54   LOADS - CUTS  239.53  TRIM 36.93
LOINS 1/4" Trim VAC       80.10    LOINS 1/4" Trim VAC       79.51
LOINS BNLS CC Strap On   113.54    LOINS BNLS CC Strap On   112.64
HAMS - Trm Sel  17-20#  No Test    HAMS - Trm Sel  17-20#  No Test
       Trm Sel  20-23#    64.24           Trm Sel  20-23#    67.79
       Trm Sel  23-27#    66.29           Trm Sel  23-27#    65.65
BELLIES  Skn-on 10-12#   209.27    BELLIES  Skn-on 10-12#   211.34
BOXED    Skn-on 12-14#  No Test    BOXED    Skn-on 12-14#   198.66

BEEF

Des Moines, IA        Mon, Jan 15, 2018      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon - USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm

Based on negotiated prices and volume of boxed beef cuts delivered within 0-21
days and on average industry cutting yields.  Values reflect U.S. dollars per
100 pounds.

Boxed beef cutout values steady to firm on light to moderate demand and light 
offerings. Select and Choice rib, chuck, round, and loin cuts steady to weak. 
Beef trimmings unevenly steady on light demand and offerings. 

BEEF CUTOUTS -  OPEN 01/15        BEEF CUTOUTS -  CLOSE 01/15
CH 600-900# $209.04  +0.81        CH 600-900# $208.03  -0.20
SE 600-900# $203.58  +1.94        SE 600-900# $202.04  +0.40
LOADS     17.24 - Choice Cuts       LOADS   34.67 - Choice Cuts
           9.25 - Select Cuts               17.81 - Select Cuts
           0.00 - Trimmings                  5.72 - Trimmings
           7.49 - Coarse Grinds             22.78 - Coarse Grinds

POULTRY 

Weekly National Whole Broiler/Fryer Report   
National Composite Wtd Avg for the Week Ending: 01/12    Week Ago    Yr Ago
                                              $ 96.09    $ 95.00    $ 86.66
Weekly National Whole Broiler/Fryer Report
National Composite Wtd Avg for the Month of: December - $ 87.33

01/10 - Weekly Egg Sets & Chicks Placed 
Weekly Egg Sets for the week ending 01/06 - 226 million, up 3% from a year ago
Chick placement for the week ending 01/06 - 184 million, up 2% from a year ago

01/12 - Daily New York Eggs 
Prices are steady on all sizes. The undertone is steady to higher. Supplies are
mostly moderate for needs. Offerings are light. Demand is moderate to fairly 
good. Market activity is moderate.

Extra Large    106-110
Large          104-108
Medium          95-99

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